The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Vasai Vikas Sahakari Bank Limited for its Sativali-Waliv branch in Vasai, Thane, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Vasai Vikas Sahakari Bank Limited located in Vasai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code VVSB0000014. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Vasai Vikas Sahakari Bank Limited, Sativali-Waliv, Vasai
Here are the main details that are associated with the IFSC Code VVSB0000014 of Vasai Vikas Sahakari Bank Limited for its branch located in Vasai, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Vasai Vikas Sahakari Bank Limited |
| IFSC Code | VVSB0000014 |
| Branch | Sativali-Waliv |
| City | Vasai |
| District | Thane |
| State | Maharashtra |
| Address | Shop No 6, 7, 8, 9 & Flat No 1, 2 & 3, Omkar Bldg; Village Sathivali Waliv, Vasai (E), Dist.Thane |
These details are important not only for users using online banking but also for businesses and individuals who use Vasai Vikas Sahakari Bank Limited in Vasai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code VVSB0000014 for the Sativali-Waliv branch of Vasai Vikas Sahakari Bank Limited is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Vasai Vikas Sahakari Bank Limited located in Sativali-Waliv, Vasai, Maharashtra, are given a unique IFSC like VVSB0000014 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Vasai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Vasai and Thane.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Vasai Vikas Sahakari Bank Limited in Sativali-Waliv goes to the correct branch. This is important because Vasai Vikas Sahakari Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code VVSB0000014
The format of the IFSC Code for banks, including Vasai Vikas Sahakari Bank Limited, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Vasai Vikas Sahakari Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sativali-Waliv in Vasai.
For example, the IFSC Code VVSB0000014 of Vasai Vikas Sahakari Bank Limited for the Sativali-Waliv branch includes these elements, identifying the bank and the branch location in Vasai and Maharashtra correctly.
How to Find IFSC Code for Vasai Vikas Sahakari Bank Limited?
If you are trying to find the IFSC Code VVSB0000014 of Vasai Vikas Sahakari Bank Limited for its Sativali-Waliv branch located in Vasai, the following methods can help:
Cheque Book
The cheque books that are issued by Vasai Vikas Sahakari Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Vasai Vikas Sahakari Bank Limited branches in Vasai and Thane, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Vasai Vikas Sahakari Bank Limited and find the branch locator section. Search for Sativali-Waliv or Vasai to get the exact IFSC Code VVSB0000014.
Mobile Banking App
If you use Vasai Vikas Sahakari Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Vasai Vikas Sahakari Bank Limited and Vasai that will provide accurate information.
How to Use IFSC Code VVSB0000014 for Online Transfers?
Once you have the IFSC Code VVSB0000014 for the Sativali-Waliv branch of Vasai Vikas Sahakari Bank Limited in Vasai, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code VVSB0000014. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Vasai Vikas Sahakari Bank Limited IFSC Code VVSB0000014.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Vasai Vikas Sahakari Bank Limited Sativali-Waliv in Vasai may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Vasai Vikas Sahakari Bank Limited in Sativali-Waliv, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Vasai Vikas Sahakari Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Vasai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sativali-Waliv Vasai branch is VVSB0000014.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Shop No 6, 7, 8, 9 & Flat No 1, 2 & 3, Omkar Bldg; Village Sathivali Waliv, Vasai (E), Dist.Thane.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.